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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: TD who wrote (2808)	6/4/2000 8:34:00 PM
From: TD	Read Replies (2) \| Respond to of 8010

From robert Chapman's International Forecaster: Gold Fields Mineral Services, in behalf of the Silver Institute say, sales of silver from Chinese stocks jumped to 61 million ounces in 1999, up from 12 million ounces in 1998. If you believe that we have a bridge for sale. GFMS would have us believe investors sold 80 million ounces more than they bought last year. This claim has absolutely no basis, in fact, at best it?s a guess. What they are doing is creating a false atmosphere with disinformation and they are running a cover for the leasing and forward sales fraternity. Leasing is what is killing silver, just like it has gold. Derivatives rule and they will prevail at their manipulation until GATA exposes what they are doing. Chinese and investor sales are pure lies or at best stupidity. Either way who wants to listen to such incompetence. TheSilver Institute paid for this survey. They?d best spend those funds at the race track or Las Vegas. The producers are in denial. They have taken the GFMS figures hook, line and sinker. They figure what else can they do. They paid for the survey, worldwide demand for silver exceeded production by 156 million ounces and miraculously China delivered 61 million ounces from some vast storehouse. Give us a break. In a manipulated and fraudulent market, anything is possible. There is no precedent in history for any commodity to remain in deficit for 10 years. This can only happen in derivative manipulated markets, which is debasement of our free market system. All GFMS has done is give the mantle of respectability to a lie. Never is there mentioned shorts or derivatives in their report. The deficit is the short position satisfied with borrowed inventory. That means by omission GFMS is aiding and abetting the shorts and helping to retard the upward movement of silver prices. Almost all the experts in the field either don't believe there is manipulation or are afraid to say so. That is why there are newsletters and the internet so the public can learn the truth.